Tuesday, November 1, 2016 - 4:10pm to 5:45pm
Location: 
Solarium (room FA2) Falconer Hall - 84 Queen's Park

LAW & ECONOMICS WORKSHOP SERIES
presents

 Jennifer Bennett Shinall
Vanderbilt University Law School

Opting Out and Division of Marital Assets

Tuesday, November 1, 2016
4:10 – 5.45
Solarium (room FA2) - Falconer Hall
84 Queen's Park  

In dividing marital assets when a couple divorces, legal decisionmakers in states requiring equitable division consider each party’s current earnings and future earnings potential, balancing the contributions of each party to building the value of tangible assets and to the household. Economic theories would predict that an efficient division would result in the spouse who makes greater professional sacrifices being awarded a larger share of the marital assets. To test whether the general population agrees with efficiency arguments, we fielded an experimental vignette study on 3,017 volunteers, asking them to divide the marital assets equitably between a breadwinning husband and non-breadwinning wife. We varied the education differential between the spouses, to allow for differing opportunity costs from non-employment, as well as the value of the marital estate. We find that subjects consistently favor the husband, regardless of what the wife gave up in the labor market. Similar to the marriage premium that favors men, we find that asset division upon divorce likewise favors men.

Jennifer Bennett Shinall’s research interests are employment law, labor economics, and legal and economic history. Her research examines the effects of obesity on the labor market and how the legal system can address these effects. Other current research focuses on the employment effects of the Civil Rights Act of 1964, the Americans with Disabilities Act Amendments Act of 2008, and implicit forms of discriminatory bias against women. Professor Shinall was the first graduate of the Ph.D. Program in Law and Economics at Vanderbilt University. Before returning to Vanderbilt as a Postdoctoral Research Scholar in Law and Economics in 2013, Professor Shinall was a clerk for Judge John Tinder of the U.S. Court of Appeals for the Seventh Circuit. She earned an A.B. in economics and history at Harvard University and her J.D. and Ph.D. in law and economics at Vanderbilt Law School, where she served as senior articles editor for Vanderbilt Law Review and was elected to the Order of the Coif. Professor Shinall teaches Employment Law and Employment Discrimination Law to J.D. students. She also teaches Labor Markets and Human Resources and the Ph.D. Workshop for the Ph.D. Program in Law and Economics.

 

For more workshop information, please contact Nadia Gulezko at n.gulezko@utoronto.ca.